NYSE:STZ - Constellation Brands Stock Price, News, & Analysis

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$194.21 +3.49 (+1.83 %)
(As of 11/22/2018 05:48 AM ET)
Previous Close$190.72
Today's Range$190.58 - $195.58
52-Week Range$187.87 - $236.62
Volume1.68 million shs
Average Volume1.95 million shs
Market Capitalization$36.64 billion
P/E Ratio22.27
Dividend Yield1.53%
Beta0.08
Constellation Brands, Inc., together with its subsidiaries, produces, imports, and markets beer, wine, and spirits in the United States, Canada, Mexico, New Zealand, and Italy. The company sells wine across various categories, including table wine, sparkling wine, and dessert wine. It provides beer primarily under the Corona Extra, Corona Light, Modelo Especial, Modelo Negra, Modelo Chelada, Pacifico, and Victoria brands, as well as Funky Buddha, Obregon Brewery, and Ballast Point brands. The company offers wine under the 7 Moons, Black Box, Clos du Bois, Estancia, Mount Veeder, The Dreaming Tree, Franciscan Estate, Nobilo, The Prisoner, Kim Crawford, Ravage, The Velvet Devil, Kung Fu Girl, Mark West, Meiomi, Robert Mondavi, Ruffino, and Simi brands, as well as Schrader Cellars and Charles Smith brands; and spirits under the Casa Noble, High West, SVEDKA Vodka, Black Velvet Canadian Whisky, Casa Noble Tequila, and High West Whiskey brands. It provides its products to wholesale distributors, retailers, on-premise locations, and state alcohol beverage control agencies. The company was founded in 1945 and is headquartered in Victor, New York.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Beverages
Sub-IndustryDistillers & Vintners
SectorConsumer Staples
Current SymbolNYSE:STZ
Previous Symbol
CUSIP21036P10
Phone585-678-7100

Debt

Debt-to-Equity Ratio0.80
Current Ratio1.66
Quick Ratio0.76

Price-To-Earnings

Trailing P/E Ratio22.27
Forward P/E Ratio20.59
P/E Growth1.87

Sales & Book Value

Annual Sales$8.33 billion
Price / Sales4.42
Cash Flow$10.7298 per share
Price / Cash18.10
Book Value$42.15 per share
Price / Book4.61

Profitability

EPS (Most Recent Fiscal Year)$8.72
Net Income$2.32 billion
Net Margins38.18%
Return on Equity18.63%
Return on Assets8.09%

Miscellaneous

Employees9,600
Outstanding Shares189,460,000
Market Cap$36.64 billion
OptionableOptionable

Constellation Brands (NYSE:STZ) Frequently Asked Questions

What is Constellation Brands' stock symbol?

Constellation Brands trades on the New York Stock Exchange (NYSE) under the ticker symbol "STZ."

How often does Constellation Brands pay dividends? What is the dividend yield for Constellation Brands?

Constellation Brands announced a quarterly dividend on Friday, October 5th. Shareholders of record on Tuesday, November 6th will be paid a dividend of $0.74 per share on Tuesday, November 20th. This represents a $2.96 dividend on an annualized basis and a yield of 1.52%. The ex-dividend date of this dividend is Monday, November 5th. View Constellation Brands' Dividend History.

How will Constellation Brands' stock buyback program work?

Constellation Brands announced that its board has initiated a stock repurchase program on Saturday, January 6th 2018, which authorizes the company to repurchase $3,000,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are often an indication that the company's board believes its stock is undervalued.

How were Constellation Brands' earnings last quarter?

Constellation Brands, Inc. (NYSE:STZ) released its earnings results on Thursday, October, 4th. The company reported $2.87 earnings per share for the quarter, beating the consensus estimate of $2.60 by $0.27. The company earned $2.30 billion during the quarter, compared to analyst estimates of $2.25 billion. Constellation Brands had a net margin of 38.18% and a return on equity of 18.63%. Constellation Brands's quarterly revenue was up 10.1% on a year-over-year basis. During the same period last year, the business posted $2.47 earnings per share. View Constellation Brands' Earnings History.

When is Constellation Brands' next earnings date?

Constellation Brands is scheduled to release their next quarterly earnings announcement on Friday, January 4th 2019. View Earnings Estimates for Constellation Brands.

What guidance has Constellation Brands issued on next quarter's earnings?

Constellation Brands issued an update on its FY19 earnings guidance on Thursday, October, 4th. The company provided EPS guidance of $9.60-9.75 for the period, compared to the Thomson Reuters consensus EPS estimate of $9.44.

What price target have analysts set for STZ?

24 brokers have issued 12 month price objectives for Constellation Brands' shares. Their forecasts range from $165.00 to $300.00. On average, they anticipate Constellation Brands' share price to reach $247.2857 in the next twelve months. This suggests a possible upside of 27.3% from the stock's current price. View Analyst Price Targets for Constellation Brands.

What is the consensus analysts' recommendation for Constellation Brands?

24 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Constellation Brands in the last year. There are currently 2 sell ratings, 5 hold ratings and 17 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Constellation Brands.

What are Wall Street analysts saying about Constellation Brands stock?

Here are some recent quotes from research analysts about Constellation Brands stock:
  • 1. Jefferies Financial Group Inc analysts commented, "In a release after mkt, STZ announced Rob Sands will step aside on 3/1, ending his 11-year tenure as CEO, and will assume the role of exec. chairman. STZ’s current pres./COO, Bill Newlands, will assume the CEO role. While likely a bit earlier than the market anticipated, Newlands appeared to be the clear successor to Mr. Sands when he was named Pres. earlier this year. STZ remains our top large cap growth idea w/base biz (ex-Canopy) trading at ~16x EV/ EBITDA." (10/17/2018)
  • 2. According to Zacks Investment Research, "Constellation Brands surpassed the industry in the last three months, courtesy of its solid earnings trend, which continued in second-quarter fiscal 2019. Earnings reverted to its 14 quarter long record of positive surprises, after a miss in the previous quarter. Additionally, sales outpaced estimates in 10 out of the last 12 quarters. Higher sales at the beer, and wine and spirits segments as well as strong depletions and shipment volumes in the beer business aided results. Its constant brand-building efforts, acquisitions, investments in digital enablement for e-commerce initiatives and the new ERP platform are added positives. Moreover, management’s raised earnings outlook for fiscal 2019 drives optimism. However, higher marketing expenses and transportation costs have been denting operating margin, which remains a threat to profitability. Stiff competition, higher debt position and taxes are other concerns." (10/16/2018)
  • 3. Pivotal Research analysts commented, "We could have said that we were so dazzled by STZ, 2Q report and outlook, and CEO Rob Sands indominable bullishness, that we just couldn’t put words to paper! However, the truth is in the author’s own vineyard, we had 33 tons of grapes to harvest yesterday. While I hate to publish research a day late, this was one report that benefitted from some marinating in the mind before putting words and digits on paper. CEO Rob Sands was truly on fire – declaring: “given Constellation’s leadership position in the high-end U.S. beer market further runway for margin expansion throughout the business, unique leverage to the emerging cannabis space and an attractive valuation, I believe Constellation will continue to be a multiyear double-digit EPS compounder.” This was a beautiful quarter." (10/5/2018)

Has Constellation Brands been receiving favorable news coverage?

News articles about STZ stock have been trending positive recently, InfoTrie Sentiment reports. The research group identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Constellation Brands earned a coverage optimism score of 2.7 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the next several days.

Who are some of Constellation Brands' key competitors?

Who are Constellation Brands' key executives?

Constellation Brands' management team includes the folowing people:
  • Mr. Robert S. Sands II, CEO & Director (Age 59)
  • Mr. William A. Newlands, Pres & COO (Age 59)
  • Mr. David Eric Klein, Exec. VP & CFO (Age 54)
  • Mr. Ricardo Bartra, Sr. VP & Chief Technology Officer
  • Ms. Patty Yahn-Urlaub, VP of Investor Relations

Who are Constellation Brands' major shareholders?

Constellation Brands' stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.36%), Capital World Investors (2.14%), FMR LLC (1.87%), Alliancebernstein L.P. (1.48%), Third Point LLC (1.27%) and American Century Companies Inc. (1.04%). Company insiders that own Constellation Brands stock include Barry A Fromberg, Christopher Stenzel, David Eric Klein, F Paul Hetterich, James A Locke III, Richard Sands, Robert Sands, Thomas J Mullin, Thomas Michael Kane, William A Newlands and William F Hackett. View Institutional Ownership Trends for Constellation Brands.

Which institutional investors are selling Constellation Brands stock?

STZ stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Jennison Associates LLC, Massachusetts Financial Services Co. MA, PNC Financial Services Group Inc., AQR Capital Management LLC, Nokota Management LP, Nokota Management LP and Alliancebernstein L.P.. Company insiders that have sold Constellation Brands company stock in the last year include Barry A Fromberg, Christopher Stenzel, David Eric Klein, James A Locke III, Richard Sands, Robert Sands and Thomas Michael Kane. View Insider Buying and Selling for Constellation Brands.

Which institutional investors are buying Constellation Brands stock?

STZ stock was purchased by a variety of institutional investors in the last quarter, including TIAA CREF Investment Management LLC, Diamond Hill Capital Management Inc., Third Point LLC, Mackenzie Financial Corp, Teachers Advisors LLC, American Century Companies Inc., Eaton Vance Management and Kepos Capital LP. View Insider Buying and Selling for Constellation Brands.

How do I buy shares of Constellation Brands?

Shares of STZ can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Constellation Brands' stock price today?

One share of STZ stock can currently be purchased for approximately $194.21.

How big of a company is Constellation Brands?

Constellation Brands has a market capitalization of $36.64 billion and generates $8.33 billion in revenue each year. The company earns $2.32 billion in net income (profit) each year or $8.72 on an earnings per share basis. Constellation Brands employs 9,600 workers across the globe.

What is Constellation Brands' official website?

The official website for Constellation Brands is http://www.cbrands.com.

How can I contact Constellation Brands?

Constellation Brands' mailing address is 207 HIGH POINT DRIVE BUILDING 100, VICTOR NY, 14564. The company can be reached via phone at 585-678-7100 or via email at [email protected]


MarketBeat Community Rating for Constellation Brands (NYSE STZ)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  675 (Vote Outperform)
Underperform Votes:  637 (Vote Underperform)
Total Votes:  1,312
MarketBeat's community ratings are surveys of what our community members think about Constellation Brands and other stocks. Vote "Outperform" if you believe STZ will outperform the S&P 500 over the long term. Vote "Underperform" if you believe STZ will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/22/2018 by MarketBeat.com Staff

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